Silverwood Brands - Director/PDMR Shareholding
RNS Number : 0185M
Silverwood Brands PLC
09 January 2023
 

09 January 2023

Silverwood Brands plc

("Silverwood", the "Company" or together with its subsidiaries the "Group") 

Director/PDMR Shareholding

The Company has been notified of the following transactions it its Ordinary Shares by Andrew Gerrie, an Executive Director of the Company, a Director and Person Discharging Managerial Responsibilities ("PDMR") :

-     On 9 January 2023, a sale of Ordinary Shares;

-     On 9 January 2023, gift transfers of Ordinary Shares at nil cost; and

-     On 9 January 2023, a transfer of Ordinary Shares (in satisfaction of outstanding fees).

Andrew Gerrie now owns 216,949,542 Ordinary Shares in the Company in his personal and joint holdings.

The notification below, made in accordance with the requirements of the Market Abuse Regulation, provides further information.

The directors of the Company accept responsibility for the content of this announcement.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them.

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mr Andrew Gerrie

 

2

Reason for the notification 

a)

Position/status 

Executive Director

b)

Initial notification /Amendment 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name 

Silverwood Brands PLC

b)

LEI  

213800MOKU1KYZUFYZ40

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code 

Ordinary shares of 10p each

 ISIN: GB00BNRRGD95

b)

Nature of the transaction 

 Sale of Ordinary Shares

c)

Price(s) and volume(s)

Price

Volume

£0.95

105,264

 

 

d)

 

Aggregated information:

Aggregated volume

 

 

105,264

 

e)

Date of the transaction 

09 January 2023

f)

Place of the transaction 

Aquis Stock Exchange

 

 

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mr Andrew Gerrie

 

2

Reason for the notification 

a)

Position/status 

Executive Director

b)

Initial notification /Amendment 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name 

Silverwood Brands PLC

b)

LEI  

213800MOKU1KYZUFYZ40

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code 

Ordinary shares of 10p each

 ISIN: GB00BNRRGD95

b)

Nature of the transaction 

Gift transfers of Ordinary Shares at nil cost to three adult children

c)

Price(s) and volume(s)

 

Price

Volume

£0.00

5,263,158

£0.00

5,263,158

£0.00

5,263,158

d)

 

Aggregated information:

Aggregated volume

 

 

15,789,474

e)

Date of the transaction 

09 January 2023

f)

Place of the transaction 

Aquis Stock Exchange

 

 

1 

Details of the person discharging managerial responsibilities / person closely associated

a)

Name

Mr Andrew Gerrie

 

2

Reason for the notification 

a)

Position/status 

Executive Director

b)

Initial notification /Amendment 

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name 

Silverwood Brands PLC

b)

LEI  

213800MOKU1KYZUFYZ40

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the financial instrument, type of instrument Identification code 

Ordinary shares of 10p each

 ISIN: GB00BNRRGD95

b)

Nature of the transaction 

Transfer of Ordinary Shares (in satisfaction of outstanding fees)

c)

Price(s) and volume(s)

 

Price

Volume

£0.00

2,282,127

d)

 

Aggregated information:

Aggregated volume

 

 

 2,282,127

 

e)

Date of the transaction 

09 January 2023

f)

Place of the transaction 

Aquis Stock Exchange

 

 

For more information, please contact:

 

Silverwood Brands plc


Andrew Gerrie

info@silverwoodbrands.com

 


VSA Capital - AQSE Corporate Adviser and Broker

+44(0)20 3005 5000

Andrew Raca, Simba Khatai, Alexander Cabral (Corporate Finance)

Andrew Monk, David Scriven, Peter Mattsson (Corporate Broking)

 


Citigate Dewe Rogerson

+44(0)20 7638 9571

Caroline Merrell, Noémie de Andia, Angharad Couch

 

 

silverwood@citigatedewerogerson.com

 

 

 

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